Gediminas Bulota And Rob Sekula Of North Park Ventures Purchase Industrial Asset In Melbourne For $3.525M
4200 Dow Road
$3,525,000
$117/SF
Building Size
30,000 SF
Asset Type
Industrial
Closing
Oct 30, 2025
AI
The industrial asset located at 4200 Dow Road in the Melbourne market has been sold for a transaction amount of $3,525,000. The property encompasses a total area of 30,000 square feet, equating to a price per square foot of $117.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,525,000
- Address: 4200 Dow Road
- Market: Melbourne
- Buyer: Gediminas Bulota & Rob Sekula - North Park Ventures
- Seller: Ramesh Patel - Papa Bear Holdings
- Broker: Pablo Vignolo - The Hype Real Estate Group
Gediminas Bulota and Rob Sekula, representing North Park Ventures, completed the purchase of the property from seller Ramesh Patel, who is associated with Papa Bear Holdings. The transaction was facilitated by broker Pablo Vignolo from The Hype Real Estate Group, highlighting the involvement of key real estate professionals in this deal.
Players
Melbourne Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.50%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93